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Europe is secretly importing oil from Russia in ‘ghost ships’

Europe is secretly importing oil from Russia in ‘ghost ships’

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https://tfiglobalnews.com/2022/04/23/europe-is-secretly-importing-oil-from-russia-in-ghost-ships/ Russian oil tankers have been behaving rather strangely. Some of them leave Russian ports marked “destination unknown.” Others vanish midway through their voyage. And where is all this dark oil going? Well, to the West- the same power that lectures India about not buying Russian oil. Australia could finally break its silence by dampening China’s dream in the Solomon Islands Where is “destination unknown”? Oil has been leaving Russia in suspicious tankers. Their destination- is “unknown”. “Destination unknown” label…

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Global Shipping Update: China Is About To Wreck Your Summer

Global Shipping Update: China Is About To Wreck Your Summer

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Authored by Mike Shedlock via MishTalk.com, Let’s review shipping updates from Craig Fuller, Founder/CEO of FreightWaves and American Shipper. Shanghai image from a Tweet embedded below Vessels Waiting to Enter Port of Shanghai  This is how many vessels are waiting to enter the port of Shanghai. Raising interest rates will not solve this problem (just saying) pic.twitter.com/HfOx6VlyV8 — Michael Nicoletos (@mnicoletos) April 22, 2022 Video Images of Shanghai There’s a video on every single WeChat Moments right now, being censored as quickly…

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With A Record 79 Container Ships Waiting Off The SoCal Coast, A Scary Supply-Chain Solution Emerges

With A Record 79 Container Ships Waiting Off The SoCal Coast, A Scary Supply-Chain Solution Emerges

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Zero Hedge, 23 October, 2021 As we discussed yesterday, when looking at the recent dip in sky high container shipping rates, there was some fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore dipped to the low 60s and high 50s from a record high of 73 on Sept. 19, trans-Pacific spot rates plateaued, the Biden administration unveiled aspirations for 24/7 port ops, and electricity shortages curbed Chinese factory output. Alas, it…

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This Winter, the US Could Potentially Be Facing Simultaneous Shortages

This Winter, the US Could Potentially Be Facing Simultaneous Shortages

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Retailers Lining Store Shelves With Props To “Hide Supply Shortage” Zero Hedge, 22 October, 2021 Americans are waking up to the fact that shortages of everyday products such as ice cream, frozen food, soda, chicken, spices, coffee, fish sticks, snacks, and toilet paper are popping up all over the country as supply chains remain heavily congested 19 months after the virus pandemic first began. Instead of leaving some store shelves bare, which might insight fear and buying panic among consumers, some…

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Our Epic Supply Chain Crisis Just Hit Another Level, And Biden Is Considering Calling In The National Guard To Help

Our Epic Supply Chain Crisis Just Hit Another Level, And Biden Is Considering Calling In The National Guard To Help

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 Michael Snyder Economic Collapse, 19 October, 2021 It is the month of October, and right now many Americans are more scared by the state of our national supply chains than by anything else.  Some of the things that I am going to share with you in this article are truly frightening, and I would very much encourage you to take them seriously.  Our economic infrastructure is failing on a massive scale, and officials are openly admitting that things will get…

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Shortages of COFFEE

Shortages of COFFEE

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I woke up to this from Hal Turner The coffee supply (we don’t farm coffee in North America) is collapsing in America. Huge container ships cannot off load their coffee and coffee spoils very quickly in the heat and is now turning rancid. More than a million mega-bags (100 pound bags of beans) of coffee have been ruined. There is an emergency effort being considered to try to salvage what they can via a water off-load but it is unsure…

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Warnings of imminent global supply chain collapse

Warnings of imminent global supply chain collapse

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The Cargo Ship Crisis is Manufactured – Creating Supply Chain Nightmare We travel up the coast to the Port of Los Angeles to see all the backed up cargo ships. These ships are waiting to enter the port to get unloaded. It gets worse by the week. Our Economy is collapsing before our eyes International shipping group issues red alert letter warning of imminent global supply chain collapse… widespread famine, power grid failures and economic ruin are right around the…

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Warnings of ‘global transport systems collapse’

Warnings of ‘global transport systems collapse’

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International shipping workers warn of ‘global transport systems collapse’ unless pandemic restrictions on trade and movement are quickly lifted Shipping workers warned Wednesday that transport systems verge on collapse Letter issued by coalition of international unions described dire conditions Restrictions and delays imposed by pandemic protocols are delaying shipments Workers ask for sane protocols and easier access to vaccinations Supply chain crunch threatens to derail the busy holiday shopping season  Daily Mail, 30 September, 2021 A coalition of unions that…

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Power Crisis Deepens In Asia And Europe: What It Means To Shipping

Power Crisis Deepens In Asia And Europe: What It Means To Shipping

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By Greg Miller of American Shipper, There’s panic-buying of gasoline in the U.K. Natural gas prices in Europe and Asia are skyrocketing. Protests are breaking out across Europe due to spiking electricity bills. India and China are short of coal for utilities. Power is being rationed to factories in multiple Chinese provinces — and winter is coming. First came the COVID-induced global supply chain crisis for container shipping. Now comes a power crunch across Asia and Europe. Energy commodity stockpiles…

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